Press Releases

Pioneering Youth Employment to Drive Economic Transformation in South Africa

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Published: Wednesday, 12 June 2024 10:50

Johannesburg, Gauteng, South Africa – June 12, 2024 – As South Africa prepares to commemorate Youth Day on June 16th, Ndalamo Resources (“Ndalamo”) reaffirms its dedication to addressing youth unemployment and contributing to the nation's economic transformation.

In the first quarter of 2024, the youth employment landscape saw a notable shift. The number of employed youths decreased by 7,000, bringing the total to 2.5 million. Concurrently, the number of unemployed youths rose by 236,000, reaching 4.9 million. This led to a 1.3 percentage point increase in the youth unemployment rate, which now stands at 45.5%, according to the latest Quarterly Labour Force Survey released by Statistics South Africa (Stats SA).

Recognising the critical challenge posed by the rising youth unemployment rate, Ndalamo is dedicated to creating meaningful opportunities for young people. Currently, 44.92% of its workforce is under the age of 35, reflecting the company’s strategic focus on empowering the youth and aligning with national goals to reduce unemployment and promote inclusive growth. Ndalamo employs a total workforce of 2,656 across its Head Office and mining operations, including contractors. Among these, 1,108 are young professionals. Additionally, the company supports 85 learners through internships, fostering a pipeline of future leaders in the mining industry.

CEO Shammy Luvhengo commented, “Our commitment to youth employment is a core element of our business strategy. By investing in young talent, we are not only fulfilling our corporate responsibility but also strengthening our workforce with resilience and innovation. This approach will drive Ndalamo's growth and play a crucial role in South Africa's economic recovery. The commitment to youth empowerment underscores our role in addressing unemployment and contributing to the development of skilled professionals in the mining sector.”

Ndalamo’s strategic initiatives to boost youth employment encompass several key areas. The company runs comprehensive internship programmes, offering practical experience and mentorship to help young people transition from education to the workplace. To attract young talent, the company employs targeted recruitment strategies, filling roles across all levels with dynamic individuals. Furthermore, Ndalamo emphasizes continuous professional development, providing young employees with training and career advancement opportunities to help them achieve their full potential.

“We are committed to being part of the solution to South Africa's youth unemployment crisis. Through collaborating with educational institutions and government agencies, implementing targeted recruitment, robust internship programmes, and continuous professional development, we are empowering the next generation to overcome the barriers to employment and thrive in their careers,” states HR Executive Litshani Mofokeng.

These initiatives are not only transforming lives but are also positioning Ndalamo as a leader in driving economic and social change in South Africa. By focusing on youth employment, Ndalamo is addressing critical issues of inequality and contributing to a more equitable and prosperous future for all.

Director of Corporate Affairs and Subsidiaries, Minah Moabi, stated, “Ndalamo's transformation agenda is deeply intertwined with our commitment to economic and social transformation, particularly within our mining host communities. By prioritising youth employment, we are not only fostering economic growth but also driving social progress. Our initiatives aim to equip young people with the skills and opportunities needed to thrive, ensuring they become active contributors to their communities and the broader economy. This approach aligns with our strategic vision of creating sustainable, inclusive growth that benefits everyone involved.”